If you read the terms you see that no payment is due until three months have passed. You are calculating the payment for 50 months when it is calculated on page 40 over 48 months. That's where the difference lies.

You started August 15, 2000 in the example but the first payment was not due until November 15, 2000.

Their monthly payment calculated is higher because they are using 48 months and you are using 50.

Using months 3 thru 50 you get a total of 48 months.
3-4-5-6-7 etc. to 50 = 48.

How to Win a Jar of Candy Corn:
A Scientific Approach!
I love mathematics. If you love mathematics also, you may enjoy this tip on how to use math to win your own jar of candy corn and to impress your friends.
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